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Top headlines: Supply chain hit due to Ukraine; FMCG increase products rate

Joe Biden will announce new sanctions against Russia on Thursday while in Brussels. More on that story in our top headlines.

FMCG
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BS Web Team New Delhi
Automakers are facing a dilemma as supply chains disruption and commodity prices worsen due to the Russia-Ukraine war. US President Joe Biden is expected to announce new sanctions against Russia during his trip to NATO headquarter, Brussels. More on those stories in our top headlines.

Supply chain uncertainty saddles auto component firms with inventory

Amid supply chain disruption and skyrocketing commodity prices that have been worsened by the Russian invasion of Ukraine, automotive (auto) component makers are staring at a dilemma they haven’t faced in some years. Most have seen the inventory of raw materials and finished goods increase.

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First Published: Mar 23 2022 | 7:42 AM IST

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